DRA is pleased to announce the digital publication of our 2021 Annual Report

Download a copy here

FINANCIAL HIGHLIGHTS

A$62.1M               ↑5%

Underlying EBITA1

5.2% Margin

A$50.3M             ↑10%

Underlying NPATA1

4.2% Margin

64.5 CPS         ↑131%

Adjusted Basic Earnings Per Share2

  1. Non-IFRS measures. A reconciliation is disclosed per the Appendix of this presentation.
  2. Earnings adjusted for revaluation of UPRs on issue. Unadjusted basic EPS = 87.20 CPS (up 212% on FY2020).
  3. Determined as underlying NPATA / Total equity.
  4. Excluding Share Scheme Settlement Shares, treated as treasury shares. No adjustment in respect of the UPRs.
  5. After payment of A$64.8M in respect of the pre-IPO Buy-back. Net cash is determined by adjusting cash for interest-bearing borrowings and remaining deferred cash consideration for pre-IPO Buy-back transaction.
  6. Includes (i) secured contracts or signed purchase orders and (ii) In respect of master services agreements, panels and other framework agreements DRA includes an amount for the work which is expected to be received over the period under consideration.
  7. Near-term, high likelihood – in tender, tender submitted or being negotiated.

Statement from CEO Andrew Naude

ANDREW NAUDE

MANAGING DIRECTOR AND CEO

"In a year of continued global change and uncertainty, I am proud to be able to say that DRA achieved what we set out to. By completing the public listing of the company on both the ASX and JSE, we also delivered on a commitment made five years ago. In doing so we have created a sustainable platform for future growth and a vehicle to better advance our purpose.

Over the past few years, DRA has grown in scale and maturity. We now operate a substantially larger and more diverse global enterprise than a few short years ago and compete in a truly global marketplace.

As the world grapples with the challenge of decarbonisation, we recognise that a transformed and sustainable mining, minerals and metals sector will be central to the success of these efforts. At the same time ore bodies are increasingly deeper and more complex, and digital technologies are driving the commoditisation of engineering services. We wish to position DRA as a value-add partner to the industry as it navigates these changes and challenges. In FY2021 we confirmed a future focus on advisory services including digital transformation, sustainability and underground mining services. We have gone to market with our advisory offering to ensure the appropriate focus and grown our underground mining capability in consulting, project delivery and operations.

The events of the last 12-months have strengthened our resolve and confidence in the direction we have chosen for DRA.

We are confident that delivery against our strategy will ensure that we are positioned for success for many years to come. We have identified five strategic pillars to enable and support our growth initiatives."

FY2021 HIGHLIGHTS

Prospectus EBITA forecast exceeded

APAC/AMER revenue up 44% region gaining traction

A$1.1B in new contracts and renewals secured
in FY2021

Lost time injuries reduced by more than 30% compared to FY2020. 21 million hours managed

Phase 1 at Kamoa-Kakula complete. First copper produced in May 2021.
Phase 2 commenced

Over 10,000 eLearning courses were undertaken by staff

South American team grows to 90 people, opens office in Santiago Chile

Enhanced advisory offering taken to market

First major underground mining  operations contract secured

Investor Contacts

Ben Secrett
Ben Secrett
Company Secretary

Company_Secretary@draglobal.com

Haydn Von Maltitz
Haydn Von Maltitz
Head Corporate Affairs

Shareholders@draglobal.com